Brokerages Set Uber Technologies, Inc. (NYSE:UBER) Price Target at $104.60

Uber Technologies, Inc. (NYSE:UBER) has earned an average recommendation of “Moderate Buy” from the thirty-nine research firms that are covering the stock, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, thirty-one have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $104.60.

A number of analysts have recently commented on the company. HSBC downgraded Uber Technologies to a “reduce” rating in a research note on Monday, May 11th. Needham & Company LLC reissued a “buy” rating and issued a $109.00 price target on shares of Uber Technologies in a report on Thursday, May 7th. Truist Financial upped their price objective on Uber Technologies from $108.00 to $112.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. raised their price objective on shares of Uber Technologies from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Uber Technologies in a research note on Monday, June 1st.

Trending Headlines about Uber Technologies

Here are the key news stories impacting Uber Technologies this week:

• Positive Sentiment: Attractive valuation and robotaxi optimism: Oppenheimer reportedly views UBER as undervalued for investors seeking growth and shareholder returns. Separately, an analysis argues that fears of robotaxis displacing Uber’s core ride-hailing business are overstated, potentially supporting the stock’s long-term outlook. Uber Viewed as Undervalued Robotaxi Disruption Fears
• Positive Sentiment: Autonomous-vehicle expansion: Uber and Saudi Arabia’s Transport General Authority plan to launch autonomous vehicles in the country. The initiative could strengthen Uber’s position in emerging mobility markets and demonstrate progress in integrating robotaxis rather than competing directly with them. Uber Autonomous Vehicles in Saudi Arabia
• Positive Sentiment: Uber Eats broadens grocery reach: Partnerships with five regional U.S. grocery chains—including Busch’s Fresh Food Market, Hays, Lowe’s Market and Piggly Wiggly—expand local delivery coverage and could increase order frequency and platform engagement. Uber Eats Grocery Expansion
• Neutral Sentiment: Q2 earnings estimates are the immediate catalyst: Analysts are focusing on bookings growth and other operating metrics—not just revenue and earnings—to assess Uber’s June-quarter performance. The company previously exceeded quarterly EPS expectations and has issued Q2 EPS guidance of $0.78–$0.82, raising the importance of guidance and forward commentary. Analyst Projections for Uber Q2
• Negative Sentiment: Near-term risks remain significant: Analysts cite tariffs, higher fuel costs and intense competition as threats to margins and demand. DoorDash’s FAA certification for drone delivery could also improve its delivery economics over time, increasing competitive pressure on Uber Eats. Uber Q2 Buy Sell or Hold DoorDash Drone Certification
• Negative Sentiment: AI restructuring adds uncertainty: Uber is cutting dozens of jobs as part of an artificial-intelligence restructuring effort. Although the move could improve efficiency, it introduces execution risk and may signal near-term disruption. Uber AI Restructuring

Uber Technologies Price Performance

Shares of NYSE UBER opened at $70.46 on Thursday. The firm has a market cap of $143.43 billion, a P/E ratio of 17.57, a P/E/G ratio of 6.53 and a beta of 1.12. Uber Technologies has a 52 week low of $65.41 and a 52 week high of $101.99. The business’s 50 day moving average price is $71.80 and its 200 day moving average price is $74.20. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBER) last issued its earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. The firm had revenue of $13.20 billion during the quarter, compared to analysts’ expectations of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm’s revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. On average, sell-side analysts expect that Uber Technologies will post 2.99 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Uber Technologies by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock worth $15,729,142,000 after purchasing an additional 1,670,761 shares during the period. Capital Research Global Investors lifted its stake in shares of Uber Technologies by 2.6% in the fourth quarter. Capital Research Global Investors now owns 113,456,376 shares of the ride-sharing company’s stock worth $9,270,561,000 after buying an additional 2,903,021 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Uber Technologies by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 47,936,203 shares of the ride-sharing company’s stock worth $3,906,083,000 after purchasing an additional 1,602,596 shares during the last quarter. Norges Bank acquired a new position in Uber Technologies during the fourth quarter worth $2,515,094,000. Finally, Northern Trust Corp grew its holdings in shares of Uber Technologies by 1.5% in the third quarter. Northern Trust Corp now owns 19,509,042 shares of the ride-sharing company’s stock valued at $1,911,301,000 after purchasing an additional 297,132 shares during the period. Institutional investors and hedge funds own 80.24% of the company’s stock.

About Uber Technologies

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.